Capital Purchase Program


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Capital Purchase Program

In the United States, a portion of the Troubled Asset Relief Program dedicated to the purchase of preferred stock and warrants of banks in the United States. The program was created to spur lending in the wake of the 2008 financial crisis by shoring up at-risk banks. The program lasted from 2008 until February 2009 when it was replaced by the Capital Assistance Program.
References in periodicals archive ?
This transaction completes Enterprise's exit from the Capital Purchase Program.
As part of the Capital Purchase Program, the Treasury acquires preferred stock positions in banks under the Treasury's Troubled Asset Relief Program.
0 million of the Series A Preferred Stock that was issued to the Treasury under the TARP Capital Purchase Program.
9 November 2012 - Enterprise Financial Services Corp (NASDAQ: EFSC) said it has repurchased the USD35m in preferred stock it issued to the US Treasury under the Troubled Asset Relief Program Capital Purchase Program.
the private holding company for Metropolitan National Bank of Little Rock--have said they will participate in the Troubled Asset Relief Program Capital Purchase Program, which is part of last fall's congressional "bailout" of the financial services industry.
Treasury's Capital Purchase Program since the Capital Purchase Program is no longer being utilized by insurance companies rated by A.
Treasury a total of USD 45 m of the remaining USD 176m of the USD 216m it received under the Capital Purchase Program, plus an accrued dividend of USD 475,000.
Home BancShares also issued 50,000 shares of preferred stock totaling $50 million to the Department of Treasury under the Capital Purchase Program of the Emergency Economic Stabilization Act of 2008.
Treasury pursuant to the Troubled Asset Relief Program Capital Purchase Program in December 2008.
Department of Treasury under its Troubled Asset Relief Program Capital Purchase Program at a price of USD243.
The preferred shares were issued to Treasury under the Capital Purchase Program established by Treasury pursuant to the Troubled Asset Relief Program ("TARP").
Treasury's Capital Purchase Program and entitled the Treasury to purchase 32,679,102 shares of the company's common stock at an exercise price of $30.
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